Bitcoin Holds $72K Line as Bulls Wait for Breakout Bitcoin is once again testing resistance around $72,000 after a short-lived relief rally, with sellers stepping in to cap the upside. The move comes as traders weigh whether this is a healthy pause or the start of another rejection that drags prices lower. Price action shows…
SEC Picks New Enforcement Chief as Crypto Cases Stall David Woodcock has taken over as the U.S. Securities and Exchange Commission’s new enforcement chief, stepping into the job while lawmakers still want answers about why the agency suddenly dropped major crypto lawsuits. The move comes just weeks after the SEC quietly walked away from cases…
FTX’s Sam Bankman-Fried loses appeal of criminal conviction on fraud, conspiracy charges Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, has lost his appeal of a criminal conviction on fraud and conspiracy charges. The ruling leaves the conviction in place, marking another legal setback for one of the most prominent figures to emerge…
Bitcoin Demand Reawakens as Bulls Target $72K Support Bitcoin is showing fresh signs of buyer conviction after weeks of sluggish trading. Spot and derivatives markets are both registering stronger inflows, while short-term holders appear less eager to dump coins into every rally. The combination is giving bulls a clearer shot at turning the $72,000 level…
VanEck Bets BNB’s Real-World Usage Can Help Its ETF Stand Out VanEck is positioning BNB around its real-world utility as a way to differentiate a potential exchange-traded fund (ETF) tied to the asset. The core message is straightforward: rather than focusing on market performance narratives, VanEck is emphasizing BNB’s role in on-chain activity and practical…
SEC Picks New Enforcement Chief as Crypto Cases Stall The US Securities and Exchange Commission has named David Woodcock as its new enforcement chief, stepping in at a moment when several high-profile crypto lawsuits appear to be quietly fading. The move comes as senators press the agency for answers on why cases against Justin Sun…
US Treasury Targets Stablecoin Issuers With New AML Rules The U.S. Treasury is moving to tighten the screws on stablecoin issuers before they become the next weak link in the financial system. A proposed rule under the GENIUS Act would force every issuer to run full AML/CFT and sanctions compliance programs, giving them the power…
Bitcoin Tests $72K Ceiling as Relief Rally Stalls Bitcoin climbed back toward $72,000 this week only to meet fresh selling pressure, leaving traders wondering whether the rebound has legs or is simply another head-fake before the next leg down. The stall comes after weeks of choppy price action that left both bulls and bears bruised,…
Iran Eyes Bitcoin Tolls for Oil Tankers in Hormuz Iran is reportedly exploring a plan to charge certain oil tankers a $1-per-barrel toll in Bitcoin for passage through the Strait of Hormuz. The move would apply only to loaded vessels, while empty tankers would pass without payment under a reported US-Iran arrangement. The proposal turns…
Bitcoin Has Years to Fix Quantum Risk, Bernstein Says Quantum computers could eventually crack Bitcoin’s cryptography, but Bernstein analysts insist the network still has three to five years to prepare. The threat isn’t sudden or existential; it’s focused on older wallets whose keys have been exposed on the blockchain for years. Most modern addresses remain…
SEC Swaps Enforcement Chief Amid Crypto Lawsuit Scrutiny The U.S. Securities and Exchange Commission has named David Woodcock as its new enforcement chief, stepping into the role just as lawmakers are demanding answers about why the agency abruptly dropped high-profile lawsuits against Justin Sun and several crypto firms. The timing has raised eyebrows on Capitol…
Banks Say Stablecoin Rules Should Cover Secondary Markets A group representing banks has urged policymakers to ensure that any rules governing stablecoins also apply to activity in secondary markets, where stablecoins can be traded after issuance. The request highlights a regulatory focus that goes beyond how stablecoins are created and backed, extending to how they…
Zcash Surges 30% on Ceasefire Hopes, Bulls on Edge Zcash jumped nearly 30% this week as investors piled into privacy coins during a brief US-Iran ceasefire window, but the move looks more like a classic bear-market bounce than the start of a sustained rally. The spike followed reports that tensions between Washington and Tehran had…
Bitcoin Eyes $90K as Aggressive Buyers Flood Binance Bitcoin is showing fresh signs of strength after on-exchange data revealed a sharp rise in aggressive buying pressure, particularly on Binance. Traders are now openly targeting the $90,000 level as the next major milestone. The move comes as broader market sentiment improves and institutional flows quietly return….
Court Blocks Texas Crypto Firm’s Bid to Dodge State Regulators Texas appeals court just slammed the door on a crypto mining company trying to escape state oversight through an emergency legal maneuver. The ruling keeps the fight alive in lower court, where Texas regulators are pushing to treat the firm’s digital asset operations as a…
US Treasury Drafts GENIUS Act Rules to Police Stablecoins The Treasury has released draft rules under the GENIUS Act that would force every US-issued stablecoin to run full anti-money-laundering checks and give issuers the power to freeze or reject suspect transfers on demand. The move signals that regulators now see dollar-pegged tokens as frontline infrastructure…
SEC Nabs Foreign Relief-Defendant in $80 Million Crypto Fraud Sweep A federal appeals court just handed the SEC a decisive win against Raimund Gastauer, a European relief-defendant accused of holding tainted crypto proceeds. The First Circuit ruled that U.S. courts can freeze and claw back assets from non-U.S. persons who never directly sold tokens, tightening…
Kalshi Traders Price Fable 5 Return at 68% Before July 1 After Historic AI Ban Traders on prediction market Kalshi are pricing a 68% chance that the game Fable 5 returns before July 1, according to a market tied to the title’s potential reappearance. The pricing comes in the wake of what the prompt describes…
SEC Swaps Enforcement Chief as Crypto Lawsuits Fade The U.S. Securities and Exchange Commission has named David Woodcock its new enforcement chief just as senators are demanding answers about why the agency quietly dropped cases against Justin Sun and several crypto firms. The timing suggests a shift in both personnel and posture toward digital assets….
CFTC Loses Bid to Shield Kraft Files From Traders The Seventh Circuit just blocked the CFTC from keeping Kraft Foods’ internal documents secret in an ongoing enforcement fight. The ruling hands traders and exchanges new ammunition to demand transparency when regulators reach for their enforcement hammer. Markets hate uncertainty; this decision injects a fresh dose…
